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Metal Recycling

World crude steel production increases

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 165.1 million tonnes (Mt) in May 2024, a 1.5 percent increase compared to May 2023.

Crude steel production by region
Africa produced 1.8 Mt in May 2024, up 0.9 percent on May 2023. Asia and Oceania produced 122.1 Mt, up 1.6 percent. The EU (27) produced 11.7 Mt, up 1.8 percent. Europe, Other produced 3.9 Mt, up 6.2 percent. The Middle East produced 5.2 Mt, up 4.6 percent. North America produced 9.4 Mt, down 0.9 percent. Russia & other CIS + Ukraine produced 7.7 Mt, up 2.8 percent. South America produced 3.3 Mt, down 8.2 percent.

Top 10 steel-producing countries
China produced 92.9 Mt in May 2024, up 2.7 percent on May 2023. India produced 12.2 Mt, up 3.5 percent. Japan produced 7.2 Mt, down 6.3 percent. The United States produced 6.9 Mt, down 1.5 percent. Russia is estimated to have produced 6.3 Mt, down 0.9 percent. South Korea produced 5.2 Mt, down 10.9 percent. Germany produced 3.2 Mt, down 1.9 percent. Turkey produced 3.2 Mt, up 11.6 percent. Iran produced 3.3 Mt, up 2.1 percent. Brazil produced 2.6 Mt, down 7.4 percent.

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